Lazard Asset Management

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 2026159 names · $904K in calls, not in the total$5.3B−$174M
• Q1 2026149 names · $2.7M in calls, not in the total$5.1B+$459M
• Q4 2025147 names · $10.0M in calls, not in the total$6.1B−$1.5B
• Q3 2025152 names · $5.2M in calls, not in the total$8.3B+$483M
• Q2 2025178 names$7.8B+$623M
• Q1 2025169 names$6.0B+$385M
• Q4 2024164 names$6.3B−$668M
• Q3 2024163 names$6.9B−$1.1B
• Q2 2024151 names$8.2B−$497M
• Q1 2024147 names$8.4B+$165M
• Q4 2023151 names$7.6B+$136M
• Q3 2023149 names$6.3B−$60.1M
• Q2 2023148 names$6.7B−$301M
• Q1 2023143 names$6.1B−$186M
• Q4 2022149 names$5.4B−$154M
• Q3 2022132 names$5.3B−$181M
• Q2 2022135 names$5.9B+$484M
• Q1 2022129 names$6.8B−$172M
• Q4 2021123 names$7.7B−$296M
• Q3 2021115 names$7.3B−$284M
• Q2 2021105 names$7.4B+$496M
• Q1 202182 names$6.2B+$319M
• Q4 202088 names$5.7B−$236M
• Q3 202073 names$5.3B−$201M
• Q2 202072 names$5.2B+$286M
• Q1 202071 names$3.8B+$446M
• Q4 201964 names$3.8B+$386M
• Q3 201968 names$3.0B+$7.9M
• Q2 201954 names$3.1B+$62.2M
• Q1 201941 names$2.8B+$467M
• Q4 201836 names$1.9B+$122M
• Q3 201833 names$2.1B+$117M
• Q2 201833 names$1.7B+$99.5M
• Q1 201828 names$1.5B−$8.8M
• Q4 201726 names$1.4B+$79.5M
• Q3 201726 names$1.2B+$32.6M
• Q2 201725 names$1.1B−$139M
• Q1 201728 names$1.2B+$7.6M
• Q4 201626 names$1.1B+$20.8M
• Q3 201622 names$991M−$206M
• Q2 201623 names$1.1B—

What moved the book

The five software lines with the largest share change this quarter.

• AdobeADBE−$105M$362M
• Fiserv, Inc.FISV−$89.1M$289M
• CadenceCDNS−$53.6M$24.2M
• MicrosoftMSFT+$44.7M$3.0B
• VeriskVRSK+$39.0M$274M

Software held

• MicrosoftMSFT10,418,038 shares · 48.9% of their software · price +$505M$3.0B+$44.7M
• SalesforceCRM3,285,404 shares · 10.7% of their software · price +$221M$656M−$23.1M
• AdobeADBE938,509 shares · 5.9% of their software · price +$45.8M$362M−$105M
• Fiserv, Inc.FISV2,556,557 shares · 4.7% of their software · price +$30.6M$289M−$89.1M
• VeriSign, Inc.VRSN1,337,042 shares · 4.6% of their software · price +$7.9M$283M+$26.9M
• VeriskVRSK1,426,225 shares · 4.5% of their software · price +$22.0M$274M+$39.0M
• SynopsysSNPS693,666 shares · 4.4% of their software · price +$46.4M$268M−$7.3M
• PTCPTC1,329,618 shares · 2.8% of their software · price +$10.9M$170M−$13.9M
• AutodeskADSK698,374 shares · 2.4% of their software · price +$14.9M$145M+$19.7M
• TrimbleTRMB1,584,375 shares · 1.4% of their software · price +$2.9M$83.1M−$1.1M
• IntuitINTU178,255 shares · 1.3% of their software · price +$10.1M$79.5M−$2.5M
• Paychex, Inc.PAYX648,351 shares · 1.2% of their software · price −$629K$74.3M−$5.9M
• Palo Alto NetworksPANW325,011 shares · 1.1% of their software · price +$19.6M$64.9M+$20.2M
• Amdocs LimitedDOX448,462 shares · 0.7% of their software · price +$2.3M$43.1M−$3.2M
• Check PointCHKP304,507 shares · 0.6% of their software · price +$1.2M$39.6M+$7.6M
• CadenceCDNS115,391 shares · 0.4% of their software · price +$5.7M$24.2M−$53.6M
• Automatic Data Processing, Inc.ADP103,923 shares · 0.4% of their software · price −$1.7M$23.1M−$6.1M
• ServiceNowNOW48,812 shares · 0.4% of their software · price +$3.7M$22.7M+$5.0M
• Fair IsaacFICO28,105 shares · 0.3% of their software · price +$2.9M$19.7M+$3.3M
• F5, Inc.FFIV119,591 shares · 0.3% of their software$17.4MFlat
• MorningstarMORN80,576 shares · 0.3% of their software · price −$1.1M$16.4M−$5.1M
• VeevaVEEV67,111 shares · 0.2% of their software · price +$1.5M$12.3M−$2.3M
• Manhattan AssociatesMANH73,309 shares · 0.2% of their software · price +$2.5M$11.4MFlat
• DocuSignDOCU188,330 shares · 0.2% of their software · price +$542K$11.0M+$9.5M
• PaycomPAYC35,162 shares · 0.2% of their software$10.7M+$7.8M
• FortinetFTNT151,373 shares · 0.2% of their software · price +$2.7M$10.1M−$15.3M
• GoDaddyGDDY118,162 shares · 0.1% of their software$9.2MFlat
• DoximityDOCS270,726 shares · 0.1% of their software$8.8MFlat
• PhreesiaPHR267,571 shares · 0.1% of their software$8.6MFlat
• PagSeguro Digital Ltd.PAGS911,246 shares · 0.1% of their software$7.8MFlat
• SchrödingerSDGR248,434 shares · 0.1% of their software · price +$1.9M$6.5M−$3.0M
• WorkdayWDAY30,846 shares · 0.1% of their software · price +$1.2M$6.4M+$4.4M
• OracleORCL60,154 shares · 0.1% of their software · price +$673K$5.6M+$2.8M
• N-ableNABL404,987 shares · 0.1% of their software · price +$1.2M$5.3M−$1.5M
• PaylocityPCTY23,525 shares · 0.1% of their software$4.7M+$3.0M
• Shift4 Payments, Inc.FOUR58,721 shares · 0.1% of their software · price +$1.2M$4.5M+$3.2M
• Tyler TechnologiesTYL11,720 shares · 0.1% of their software$4.2MFlat
• Health CatalystHCAT333,067 shares · 0.1% of their software$3.9MFlat
• FactSetFDS8,027 shares · 0.1% of their software$3.3M−$13.7M
• CertaraCERT135,312 shares · 0.1% of their software · price +$1.1M$3.3MSplit
• ZoomZM42,636 shares · 0.1% of their software$3.1M+$2.6M
• DynatraceDT70,108 shares · 0.0% of their software$3.0M+$2.6M
• Uber Technologies, Inc.UBER90,461 shares · 0.0% of their software · price +$631K$2.9MFlat
• QualysQLYS21,990 shares · 0.0% of their software$2.9MFlat
• ZoomInfoZI95,696 shares · 0.0% of their software$2.4M—
• MongoDBMDB8,313 shares · 0.0% of their software$1.9M−$1.6M
• Rapid7RPD40,878 shares · 0.0% of their software$1.9M+$1.4M
• PagerDutyPD50,743 shares · 0.0% of their software$1.8M+$1.2M
• CloudflareNET24,630 shares · 0.0% of their software$1.5M−$975K
• SnowflakeSNOW9,558 shares · 0.0% of their software$1.5M−$1.5M
• NetApp, Inc.NTAP21,688 shares · 0.0% of their software$1.4M−$2.6M
• CrowdStrikeCRWD9,366 shares · 0.0% of their software$1.3M−$3.9M
• WixWIX11,465 shares · 0.0% of their software$1.1M+$769K
• ZscalerZS9,181 shares · 0.0% of their software$1.1M−$1.6M
• DatadogDDOG13,309 shares · 0.0% of their software$966K−$2.2M
• Remitly Global, Inc.RELY54,374 shares · 0.0% of their software$921KFlat
• DropboxDBX40,021 shares · 0.0% of their software$864K−$2.8M
• The Trade DeskTTD11,339 shares · 0.0% of their software$690K−$2.1M
• ProcorePCOR10,560 shares · 0.0% of their software$661KFlat
• International Money Express, Inc.IMXI22,254 shares · 0.0% of their software$573KFlat
• SPS CommerceSPSC2,512 shares · 0.0% of their software$382KFlat
• SamsaraIOT18,507 shares · 0.0% of their software$364KFlat
• Block, Inc.XYZ4,995 shares · 0.0% of their software$341K−$1.1M
• monday.comMNDY2,313 shares · 0.0% of their software$330KFlat
• SAPSAP2,500 shares · 0.0% of their software$316KFlat
• OktaOKTA3,445 shares · 0.0% of their software$297KFlat
• DigitalOceanDOCN7,582 shares · 0.0% of their software$296KFlat
• WEX Inc.WEX1,561 shares · 0.0% of their software$287KFlat
• PDF Solutions, Inc.PDFS6,705 shares · 0.0% of their software$284KFlat
• ShopifySHOP5,814 shares · 0.0% of their software$278KFlat
• Gen DigitalGEN15,957 shares · 0.0% of their software$273KFlat
• BoxBOX8,938 shares · 0.0% of their software$239KFlat
• TenableTENB4,864 shares · 0.0% of their software$231KFlat
• Donnelley Financial Solutions, Inc.DFIN5,600 shares · 0.0% of their software$228K−$8.0M
• Lyft, Inc.LYFT24,378 shares · 0.0% of their software$225KFlat
• AtlassianTEAM1,231 shares · 0.0% of their software$210KFlat
• TeradataTDC4,828 shares · 0.0% of their software$194KFlat
• ProgressPRGS3,080 shares · 0.0% of their software$176KFlat
• DescartesDSGX1,928 shares · 0.0% of their software$155KFlat
• InterDigital, Inc.IDCC2,000 shares · 0.0% of their software$145KFlat
• A10 Networks, Inc.ATEN8,892 shares · 0.0% of their software$137KFlat
• CommvaultCVLT2,429 shares · 0.0% of their software$137KFlat
• Sabre CorporationSABR31,732 shares · 0.0% of their software$136KFlat
• Grab Holdings LimitedGRAB43,818 shares · 0.0% of their software$131KFlat
• SoundThinking, Inc.SSTI3,286 shares · 0.0% of their software$129KNew · Flat
• i3 Verticals, Inc.IIIV4,938 shares · 0.0% of their software$121KFlat
• ElasticESTC2,077 shares · 0.0% of their software$120KFlat
• VertexVERX5,051 shares · 0.0% of their software$104KFlat
• Roper Technologies, Inc.ROP227 shares · 0.0% of their software$100K−$1.2M
• BlackLineBL1,464 shares · 0.0% of their software$98KFlat
• Five9FIVN1,335 shares · 0.0% of their software$96KFlat
• OpenTextOTEX2,429 shares · 0.0% of their software$93KFlat
• Euronet Worldwide, Inc.EEFT796 shares · 0.0% of their software$89KNew · Flat
• SprinklrCXM6,717 shares · 0.0% of their software$87KFlat
• Cellebrite DI Ltd.CLBT14,243 shares · 0.0% of their software$86KFlat
• Karooooo Ltd.KARO3,678 shares · 0.0% of their software$86KNew · Flat
• Intapp, Inc.INTA1,906 shares · 0.0% of their software$85KFlat
• SentinelOneS5,211 shares · 0.0% of their software$85KFlat
• Alarm.com Holdings, Inc.ALRM1,484 shares · 0.0% of their software$74KFlat
• Simulations PlusSLP1,694 shares · 0.0% of their software$74KFlat
• AsanaASAN3,499 shares · 0.0% of their software$73KFlat
• Endava plcDAVA1,088 shares · 0.0% of their software$73K−$5.5M
• Agilysys, Inc.AGYS874 shares · 0.0% of their software$72KFlat
• AlkamiALKT5,717 shares · 0.0% of their software$72KFlat
• Clear Secure, Inc.YOU2,773 shares · 0.0% of their software$72KNew · Flat
• ACI WorldwideACIW2,627 shares · 0.0% of their software$70KFlat
• Calix, Inc.CALX1,323 shares · 0.0% of their software$70KFlat
• Immersion CorporationIMMR7,738 shares · 0.0% of their software$69KFlat
• TwilioTWLO1,007 shares · 0.0% of their software$67KFlat
• Rimini Street, Inc.RMNI15,905 shares · 0.0% of their software$65KNew · Flat
• Sprout SocialSPT1,037 shares · 0.0% of their software$63KFlat
• BILLBILL749 shares · 0.0% of their software$60K−$3.1M
• EverCommerceEVCM5,398 shares · 0.0% of their software$57KFlat
• DHI Group, Inc.DHX13,930 shares · 0.0% of their software$54KFlat
• Bandwidth Inc.BAND3,529 shares · 0.0% of their software$53KFlat
• Alight, Inc.ALIT5,225 shares · 0.0% of their software$48KNew · Flat
• HubSpotHUBS108 shares · 0.0% of their software$46KFlat
• SimilarwebSMWB6,729 shares · 0.0% of their software$45KFlat
• ePlus inc.PLUS906 shares · 0.0% of their software$44KNew · Flat
• SemrushSEMR4,171 shares · 0.0% of their software$41K—
• Asure Software, Inc.ASUR2,476 shares · 0.0% of their software$35KNew · Flat
• JFrogFROG1,813 shares · 0.0% of their software$35KFlat
• GitLabGTLB1,047 shares · 0.0% of their software$35KFlat
• nCinoNCNO1,404 shares · 0.0% of their software$34KFlat
• Consensus Cloud Solutions, Inc.CCSI901 shares · 0.0% of their software$30KFlat
• AmplitudeAMPL2,245 shares · 0.0% of their software$27KFlat
• Digital TurbineAPPS2,072 shares · 0.0% of their software$25KFlat
• DLocal LimitedDLO1,559 shares · 0.0% of their software$25KFlat
• FreshworksFRSH1,640 shares · 0.0% of their software$25KFlat
• eGain CorporationEGAN3,252 shares · 0.0% of their software$24KNew · Flat
• Tucows Inc.TCX1,074 shares · 0.0% of their software$20KFlat
• Kaltura, Inc.KLTR9,591 shares · 0.0% of their software$18KNew · Flat
• RingCentralRNG302 shares · 0.0% of their software$9KFlat
• Xperi Inc.XPER853 shares · 0.0% of their software$9KFlat
• Global-EGLBE150 shares · 0.0% of their software$4KFlat
• AkamaiAKAM35 shares · 0.0% of their software$2K−$1.3M
• BroadridgeBR14 shares · 0.0% of their software$2KFlat
• UnityU63 shares · 0.0% of their software$2KFlat
• Bentley SystemsBSY36 shares · 0.0% of their software$1KFlat
• CoStarCSGP28 shares · 0.0% of their software$1K−$2.2M
• EVERTEC, Inc.EVTC36 shares · 0.0% of their software$1KFlat
• SS&CSSNC18 shares · 0.0% of their software$1KNew · Flat
• VaronisVRNS72 shares · 0.0% of their software$1KFlat